Chris Finlay, CEO of Lloyd Jones LLC, shares his view on trends in elderly housing investment, the firm’s strategy and future plans. He also predicts how technology will impact the sector. by Beata Lorincz Lloyd Jones LLC is a real estate investment, development and management firm that specializes in multifamily and senior housing throughout Florida, […]

The senior housing industry is in the midst of a big disruption. Occupancy in assisted living hit a record low in the first quarter of 2018 – and continues to fall. There could be numerous reasons for this, including a bad flu season, but I think there’s something bigger going on. At a recent conference […]

Lloyd Jones Capital’s purchase of The Westcott Apartments marked its second purchase in the market in less than a year. The Miami-based real-estate private equity firm paid $57.8 million for the 444-unit garden-style apartment complex in Tallahassee, Fla., expanding its footprint in multifamily assets located primarily in Florida, Texas and the Southeast. Lloyd Jones, which […]

Lloyd Jones Capital got a $38.2 million loan to finance its acquisition of the 397-unit apartment complex Miami-based Lloyd Jones Capital bought a 397-unit apartment complex in Fort Myers for $55 million, or about $138,000 per unit. Lloyd Jones financed its acquisition of the apartment complex with a $38.2 million loan secured by the South […]

Fountains at Forestwood, Coastal Village trade hands in recent deals A pair of recent apartment sales in Estero and Fort Myers have generated nearly $100 million in proceeds, according to Lee County property records. Miami-based Lloyd Jones Capital acquired the Fountains at Forestwood community in Fort Myers for $55 million, adding to its portfolio of […]

Multifamily investment firm names development veteran to head division Christopher Finlay, chairman and CEO of Lloyd Jones, has announced the appointment of Jamie Telchin as executive vice president of development and construction management. After a ten-year hiatus, Finlay is once again entering the multifamily development field. A prominent developer during the 1990s and through 2008, […]

The joint company will be known as Lloyd Jones LLC Multifamily real estate investment firm Lloyd Jones Capital has merged with its sister company, property management firm Finlay Management, Inc. The newly formed Lloyd Jones, LLC will encompass investment, development, and management of multifamily and senior communities in Florida, Texas, and the Southeast. Although Finlay […]

The Westcott Apartments in Tallahassee (Credit Rent.com) Lloyd Jones Capital, a Miami-based private equity firm, acquired a recently renovated apartment complex in Tallahassee for $57.8 million. Lloyd Jones’ per-unit cost was about $120,000 for the 444-unit complex at 3909 Reserve Drive in Tallahassee, located five miles from the Capitol Building. The rental complex, called The Westcott […]